|
People's Party (Latvia)
The People's Party ( lv, Tautas partija, TP) was a conservative political party in Latvia. The People's Party was the leader of three governments and a member of another four. History Tautas partija was founded in 1998 by Andris Šķēle, a businessman and former prime minister, who was the chairman of the party until 2002. Because of Šķēle's powerful personality, many voters identified the party with its leader during this period. In 2002, Šķēle exited politics and Atis Slakteris became the chairman of Tautas partija. At the October 2002 elections the party became the third largest in the Saeima (parliament), winning 16.7% of the vote and 20 seats. In 2004, People's Party member Aigars Kalvītis became prime minister. At the legislative elections, on 7 October 2006, the party won 19.49% of the popular vote and 23 out of 100 seats in the Saeima, becoming the largest party in parliament and maintaining its status as leader of the coalition government, with Kalvītis as pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andris Šķēle
Andris Šķēle (born 16 January 1958) is a Latvian former politician and business oligarch. He served two terms as Prime Minister of Latvia from 21 December 1995 to 7 August 1997, and from 16 July 1999 to 5 May 2000. Early life Šķēle graduated from the Latvian Agriculture Academy. He began to work in the Government in 1990 when he became the first secretary for the Ministry of Agriculture. In 1993 Šķēle briefly became the acting Minister of Agriculture. In 1994, he was assigned by then Prime Minister to create Latvia's Privatization Agency, while becoming the acting General Director of it. During this time, he was not in active politics and was able to pursue the leadership role of several key Latvian businesses. He was Chairman of the Supervisory of the Latvian Shipping Company, as well as Supervisory Board member in Unibanka. He was also Chairman of the Supervisory Board of the Avelat Group, which was one of the largest manufacturing and retailing groups in Latvia. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Elections In Latvia
Latvia elects on the national level a legislature. The Saeima has 100 members, elected for a four-year term by proportional representation with a 5% threshold. An unmodified Sainte-Laguë method is used to allocate seats. The parliamentary elections are held on the first Saturday of October. Locally, Latvia elects municipal councils, consisting of 7 to 60 members, depending on the size of the municipality, also by proportional representation for a four-year term. Latvia has a multi-party system, with numerous parties in which no one party often has a chance of gaining power alone, and parties must work with each other to form coalition governments. 2022 parliamentary election A parliamentary election was held on 1 October 2022. Referendums The Constitution of Latvia prescribes a referendum for five purposes: * recalling of the Parliament (Article 14) * acceding to the European Union (Article 68) * accepting substantial changes in the terms regarding the membership in the Eu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conservative Parties In Latvia
Conservatism is a cultural, social, and political philosophy that seeks to promote and to preserve traditional institutions, practices, and values. The central tenets of conservatism may vary in relation to the culture and civilization in which it appears. In Western culture, conservatives seek to preserve a range of institutions such as organized religion, parliamentary government, and property rights. Conservatives tend to favor institutions and practices that guarantee stability and evolved gradually. Adherents of conservatism often oppose modernism and seek a return to traditional values, though different groups of conservatives may choose different traditional values to preserve. The first established use of the term in a political context originated in 1818 with François-René de Chateaubriand during the period of Bourbon Restoration that sought to roll back the policies of the French Revolution. Historically associated with right-wing politics, the term has sin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insolvency
In accounting, insolvency is the state of being unable to pay the debts, by a person or company ( debtor), at maturity; those in a state of insolvency are said to be ''insolvent''. There are two forms: cash-flow insolvency and balance-sheet insolvency. Cash-flow insolvency is when a person or company has enough assets to pay what is owed, but does not have the appropriate form of payment. For example, a person may own a large house and a valuable car, but not have enough liquid assets to pay a debt when it falls due. Cash-flow insolvency can usually be resolved by negotiation. For example, the bill collector may wait until the car is sold and the debtor agrees to pay a penalty. Balance-sheet insolvency is when a person or company does not have enough assets to pay all of their debts. The person or company might enter bankruptcy, but not necessarily. Once a loss is accepted by all parties, negotiation is often able to resolve the situation without bankruptcy. A company t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LETA
LETA is the main Latvian news agency. Its headquarters are in Riga. It is owned by Estonian entrepreneur Margus Linnamäe through his company Postimees Group. History It was founded as ''Latopress'' in 1919, soon after Latvia became independent; the name was changed to ''LTA'' the next year when the wire service was subordinated to the Latvian Telegraph Agency. The name ''LETA'' was only used occasionally during the interwar perio In 1940, when Latvia was Soviet occupation of Latvia in 1940, occupied by the Soviet Union, it became a subordinate agency of the Telegraph Agency of the Soviet Union (TASS), a status it would keep until Latvia regained independence in 1991. During the occupation of Latvia by Nazi Germany, LETA was subordinated to the German DNB news agency. From 1971 it was known as ''Latinform''. On 31 May 1990, the Latvian government restored the name LETA and the news agency's independence from TASS. In 1997, LETA was put up for privatisation by the Latvia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Baltic News Network
Baltic News Network (BNN) is a Baltic news website. It was founded on September 1, 2010, providing online news portals, mainly reporting for and about the Baltic region, Latvia, Lithuania, Estonia. It is published by ''Latvia Baltic News Network''. The ''Baltic News Network GmbH'' is registered in Austria. It was founded by Fred Zimmer. The Baltic News Network is a member of the ''Independent Media Association Independent or Independents may refer to: Arts, entertainment, and media Artist groups * Independents (artist group), a group of modernist painters based in the New Hope, Pennsylvania, area of the United States during the early 1930s * Independen ...''. History BNN was founded on 1 September 2010 by Fred Zimmer to counter perceived Russian disinformation, and emerged as a respected news source for the Baltic region. Based around predominantly selling stories to newspapers in the Baltic region, it has come to be recognized as an important political news source. Refer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corruption Prevention And Combating Bureau
Corruption Prevention and Combating Bureau (KNAB; lv, Korupcijas novēršanas un apkarošanas birojs) is a specialised anti-corruption authority of Latvia. Its aim is to fight corruption in Latvia in a coordinated and comprehensive way through prevention, investigation and education. KNAB was established October 2002 and is fully operational since February 2003. KNAB is an independent public administration institution under the supervision of the Cabinet of Ministers. The supervision is executed by the Prime Minister. It is limited to the control of lawfulness of decisions. KNAB is also a pre-trial investigatory body and has traditional police powers. KNAB represents Latvia at the GRECO Greco may refer to: People * Greco (surname), a list of people with this surname * a masculine variant of Greca (given name), an Italian feminine given name * Greco Mafia clan, one of the most influential Mafia clans in Sicily and Calabria Wine .... The current director of KNAB is Jēk ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supreme Court Of Latvia
The Supreme Court of the Republic of Latvia ( lv, Latvijas Republikas Augstākā tiesa) or the Senate of Latvia (''Latvijas Senāts'') is the highest level court in the three-tiered court system of Latvia. It deals with criminal, civil and administrative matters. Its oversight is determined in the Constitution, the structure and competence of the court are established by the Act On Judicial Power. The Court consists of the Civil Cases Court, three departments, administration and two divisions, located in the Palace of Justice on Brīvības bulvāris, Central Riga. Since 1995, there have been three levels of courts in Latvia. The first level courts are the district (city) courts; the second level are the regional courts and the third level is the Supreme Court. This three-tiered system ensures that the decisions of the courts of first instance can be appealed, are reviewed on appeal ('' de novo''), and reviewed by a cassation appeal. The departments of the Supreme Court, as a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Baltic Times
''The Baltic Times'' is an independent monthly newspaper that covers the latest political, economic, business, and cultural events in Estonia, Latvia and Lithuania. The paper was formed from a merger in 1996 of the ''Baltic Independent'' and ''Baltic Observer''. With offices in Tallinn and Vilnius and its headquarters in Riga, ''The Baltic Times'' remains the only English language print and online newspaper covering all three Baltic states The Baltic states, et, Balti riigid or the Baltic countries is a geopolitical term, which currently is used to group three countries: Estonia, Latvia, and Lithuania. All three countries are members of NATO, the European Union, the Eurozone, .... Between 1996 and 2012 ''The Baltic Times'' was published weekly and then, until September 2013, twice a month. Official website |
Latvian Lats
The lats (plural: ''lati'' or ''latu'' (if the number can be divided by 10), ISO 4217 currency code: LVL or 428) was the currency of Latvia from 1922 until 1940 and from 1993 until it was replaced by the euro on 1 January 2014. A two-week transition period during which the lats was in circulation alongside the euro ended on 14 January 2014. The lats is abbreviated as ''Ls'' and was subdivided into 100 ''santīmi'' (singular: ''santīms''; from French ''centime''), abbreviated as an ''s'' after the santīm amount. The Latvian lats has been recognized as one of the 99 entries of the Latvian Culture Canon. First lats, 1922–1940 The first lats (symbol: ℒ𝓈) was first introduced on 3 August 1922, replacing the Latvian ruble at a rate of ℒ𝓈 1 = Rbls 50. The lats was pegged against the gold standard from its introduction until 1940. On 17 June 1940, Latvia was occupied by the USSR. After the dismantling of the Bank of Latvia and its replacement with the Latv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2008–2010 Latvian Financial Crisis
The 2008 Latvian financial crisis, which stemmed from the global financial crisis of 2008–2009, was a major economic and political crisis in Latvia. The crisis was generated when an easy credit market burst, resulting in an unemployment crisis, along with the bankruptcy of many companies. Since 2010, economic activity has recovered and Latvia's economic growth rate was the fastest among the EU member states in the first three quarters of 2012. Development In 2008, after years of booming economic success, the Latvian economy took one of the sharpest downturns in the world, picking up pace in the last quarter in which GDP contracted by 10.5%. In February 2009 the Latvian government asked the International Monetary Fund and the European Union for an emergency bailout loan of 7.5 billion Euros, while at the same time the government nationalized Parex Bank, the country's second largest bank. On concerns of bankruptcy, Standard & Poors subsequently downgraded Latvia's credit rating ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2010 Latvian Parliamentary Election
Parliamentary elections were held in Latvia on 2 October 2010. It was the first parliamentary election to be held in Latvia since the beginning of the economic crisis during which Latvia had experienced one of the deepest recessions in the world. A total of 1,239 candidates representing 13 parties or alliances stood in five electoral constituencies equivalent to the four regions of Latvia and Riga city. With 1012 of 1013 polling stations counted, results showed an increase in support for the incumbent coalition government of Valdis Dombrovskis, with 58% of the vote and 63 of the 100 seats. Background It appeared that early elections would be held in early 2009, when the government was faced with violent protests over the effects of the global financial crisis of 2008–2009 on Latvia and some politicians saw early elections as the only way to confront the people's anger. The elections were to be averted if the Saeima passed constitutional reform laws, including a law to allow re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
